Orient Overseas (International) — FY2001 Earnings Presentation

4 slides from Orient Overseas (International)'s earnings presentation, 2002

Slide 1: Orient Overseas (International) Ltd 2001 Annual Results
Orient Overseas (International) Ltd 2001 Annual Results
Slide 2: 2001 Annual Result Highlight
Orient Overseas (International) Ltd 2001 Annual Result Highlight US$'000 2001 2000 Variance z Turnover 2,378,950 2,395,160 (16,210) z Gross profit 465,422 480,766 (15,344) z Profit before financing 107,391 166,399 (59,008) z Net finance expense 45,614 48,246 (2,632) z Profit before taxation 71,089 1
Slide 3: 2001 Annual Results
Orient Overseas (International) Ltd 2001 Annual Results z Total liftings increased by 11% to 2,004,992 TEUs z Turnover remains level z Operating profit before financing decreased by US$59.0 million to US$107.4 million z Profit after tax of US$60.2 million against US$112.5 million of 2000 z Earnings
Slide 4: 2002 Outlook
Orient Overseas (International) Ltd 2002 Outlook z Difficult to predict the outcome for the current year z Overcapacity within the industry is the paramount problem z A strong recovery is required to provide the demand increase necessary to counterbalance the volume of new vessels due for introducti